SUCCESS TRANSFORMER CORP BHD
KLSE (MYR): SUCCESS (7207)
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Last Price
0.725
Today's Change
+0.015 (2.11%)
Day's Change
0.71 - 0.73
Trading Volume
447,300
Financial
T4Q
31-Mar-2021
2020
31-Mar-2021
2019
31-Mar-2021
2018
31-Mar-2021
2017
31-Mar-2021
Discussions
6 people like this. Showing 50 of 1,903 comments
Note that all 3 of Success Transformers products has been receiving myriads of orders in recent months.
This is due to:
1. The replenishment exercise by major Municipals due to damages to street lights.
2. Air purifier product being sold like hot cake since end of last year.
3. Potential moving into EV segment via electric charging of batteries
At RM0.755 per share, the company is highly undervalued.
Expect Q4 results to show significant improvement due to factors 1 & 2 above.
Share price is expected to further propel once factor 3 is finalized.
2022-02-15 11:30
hidden gem... net cash company, should worth >RM1
Prospects
Our country has entered into the endemic phase of Covid-19 beginning 1 April 2022, and this
recovery is expected to gain momentum in 2022. This is underpinned by several factors
including continued expansion in external demand, full upliftment of containment measures,
reopening of international borders, and further improvement in labour market conditions.
However, there are uncertainty in both marco and micro economy activities that is triggered by
geopolitical concerns, inflation, foreign exchange volatility and liquidity tightening across the
market.
Despite all the uncertainty, the Group believes that the growth of the Group will be supported
by the steady demand for smart lighting and LED lighting in view of the increasing global
demand for LED lighting to replace conventional lighting in order to increase energy efficiency
and reducing in carbon footprint. Furthermore, the Group also believes it will benefit from the
global development of set up smart cities which helps to meet sustainability goals by enhancing
city living and utilise superior technology such as Intelligent Light Control System and sensors
to address economic, social and ecological challenges of the city while reducing costs.
For our transformer products, the established well-known brand name of QPS remain the key
player in the local low voltage transformer market. We believe the sales momentum will drive
upwards, particularly in data centres industry and with the implementation of “Industrial 4.0”
within the South East Asia (S.E.A.) region.
Barring any unforeseen circumstances, the Group believes that the overall performance for the
financial year ending 30 June 2023 will remain satisfactory
2022-10-06 14:03
Company fundamentals remain strong.
Expected to benefit tremendously from KL Smart City 2030 as investments in Smart lighting picks up.
2023-02-02 13:13
Success Transformers upgraded to Trading Buy with a short term price target of RM0.85
2023-02-17 10:07
NTA: RM1.40
Positive cash-rich company to benefit from lower raw material cost, potential new contracts/projects as well as growing customer base
2023-02-17 10:09
SUCCESS 的业绩更新 ~ 你们怎么看？
https://klse.i3investor.com/web/blog/detail/superbullklse/2023-03-03-story-h-296530618
2023-03-03 10:42
Foreign Fund keeps selling the share down. Dont buy any share above 62cts. I guess the share will drop below 50cts in due course due to the persistent selling pressure as they are in a hurry to exit from Success Trans. Poor dividend return cant justify holding on to the shares - how can the fund perform with such low dividend payout?
2023-05-28 15:44
3% dividend is not too bad. high NTA with net cash, good EPS.
disregard what other investors want to do, just buy if you think it is undervalued. it is all about the company value, unless you are a technical investor (gambler)
2023-05-28 19:57
Abigail has 5% more to sell. Wait for bargain price on the way down. Have been collecting for sometime but felt frustrated with the downtrend. Have experienced the same situation in Star Media when ASB kept disposing their shares during the past few years. Good thing that The Edge bought over their remaining 5% + in Star recently. Just watching to see when the downtrend makes a turnaround before I buy again. Today hit 61cts!.
2023-05-29 12:15
not cool, everything techinical, nothing fundamental
anyhow if you still got any share left with the company, you should encourage people to buy, not the otherway round which will cause you further paper loss, regardless it is temporary or not
2023-05-29 12:35
I am a long term investor in stocks. Just being honest and not trying to people to buy so that I can sell for profit like some old uncle Koon. I am in the top 20 shareholders list and I feel that this is an opportunity to accumulate more shares as the price drops. Buy cheap and you already make money!.
2023-05-30 19:56
if you agree price is cheap now just buy more la, why wait downtrend makes a turnaround, that doesn't make the price cheaper, instead make it more expensive. typical techinical thinking
2023-05-30 20:14
coolgu
I am a long term investor in stocks. Just being honest and not trying to people to buy so that I can sell for profit like some old uncle Koon. I am in the top 20 shareholders list and I feel that this is an opportunity to accumulate more shares as the price drops. Buy cheap and you already make money!.
Something that bothering many of us as a small bilis when substantial shareholders, not one but many keep dumping it, can someone enlighten what all it is about...?
2023-05-30 22:26
@xiaoeh 1 of the top 20 ask you bilis don't buy you think what all it is about? they don't want you to buy so they can collect more lo. that's why we should do the otherway round.
2023-05-31 09:21
think who dare to queue at RM0.61 now considering the stock is on downtrend? definitely not techinical investor. should be mostly substantial shareholders (with lot of cash to queue) and a few fundamental investors who think the stock is undervalue and not try to wait for trend turnaround to catch some
2023-05-31 09:24
management should just privatise this company while it's stock price still underperform
4 weeks ago
Variation of Results against Preceding Quarter
The Group recorded a profit before tax of RM9.04 million for the current quarter ended 30
June 2023 as compared to RM4.37 million in the preceding quarter ended 31 March 2023,
showing an increase of RM4.67 million or approximately 107%. This was mainly due to gain
on foreign currency exchange and increase in sales in both local and oversea markets.
Prospects
While the global economy is on the road to recovery, it continues to face challenges and
uncertainties. Rising inflationary pressures from factors such as surrounding trade dispute
policies and barrier, currency depreciation, higher raw material prices and natural disaster
have impacted the market volatility.
However, the Group remains vigilant about the challenges and continues to make progressive
developments in the business by expanding its product range.
In the transformer products, we are experiencing robust demand from data centres, industrial
machinery and the medical industry. The recent need for efficient cloud storage management
has further driven growth of transformer demand in the data centre industry.
Globally, the emphasis on and recognition of environmental, social and governance (“ESG”)
factors have grown significantly in recent years, leading to increased demand for
governments, companies, and other stakeholders worldwide to practices and emphasizing on
the ESG sustainability agenda. The energy transition and master ESG with green technology
will get ahead to drive an increased demand in energy saving products like LED Lighting,
Intelligent Lighting, Control System and Sensors.
To be aligned with the growing demand of ESG data to address economic, social and
ecological challenges of the city, the applications of our in house brand ILCS for the
intelligent lighting control system ("iLCS") which include smart lighting, traffic adaptive
illumination (tai), parking management, environment analysis, smart metering and internet of
things (IoT) connections. can generate valuable information and data to operators,
municipalities, and other stakeholders for better ESG practices and disclosures give us a good
prospect and better market position.
In our die-casting products, beside to continue our business expansion as the OEM Partner for
aluminium die-casting parts in the global market, we have expanded our range of motorcycle
component parts for the after-sales motorcycle spare parts industry and strengthen our
position as a trusted supplier in this thriving market.
In conclusion, the management will keep re-assess the goals and strategies of the Group to
ensure business resilience and are committed to observing and adhering to ongoing policies
and requirements related to sustainability.
Based on our projections, we anticipate that the financial performance for financial year
ending 30 June 2024 will remain satisfactory and together we work towards a more
sustainable future.
Q4 Jun 23 Report dd 30082023
3 weeks ago
@teknikal no liquidity = good thing = easy up la, easy privatization at anytime also
no liquidity only bad when the company fundamental turn bad, which you can hardly run
fyi, I make most easy money at bursa from stock with lower liquidity
3 weeks ago
The stock rose and broke the psychological barrier of 70 sen with a white bullish candle. Prices are firmly above all 20-day, 50-day and is not trying to break 200-day Moving Average (MA). On 14-Sep, SUCCESS registered highest trading volume in 52 weeks. The positive move is supported by Quarter 4 FY 2023 earnings announcement on 30-Aug with Q4 earnings +85% QoQ and 6% YoY. We anticipate further gains due to positive technical breakouts and improved fundamentals.
Both the MACD and RSI are bottoming and started uptrend, suggesting an increase in buying momentum.
The strategy is to long SUCCESS with a stop-loss set at 66.5 sen (a tick above 20-day MA). This breakout could drive prices upward, targeting historical resistance levels at 78 sen followed by 81 sen.
1 week ago
technical stuff is totally irrelevant and cannon behind horse only. price up all because of fundamentally undervalued
1 week ago
price goes up or down because of reality valid reasons like price undervalue, news, upcoming news, insider news, shark try to goreng, investors trying to collect or sell.
but then fake irrelavent technical stuff (candle, lines, chart) try to claim credits. really lmao
fundamental reason cause > price movement cause > technical charting
there is no use judging the aftermath because it is already happened and it cannot help investing
true way to invest is judge the prior happening reasons that is fundamental / real life news / issues
1 week ago
buy because you know the stock price is fundamentally cheap, not because the chart tell you to buy
1 week ago
@teknikal mind to read my previous comments here? you can get the answers there
1 week ago
Uptrend intact. Prices are firmly above all 20-day, 50-day and is now trying to break 200-day Moving Average (MA).
5 days ago
This company produces transformers, so it is a Data Centre and Cloud story.
Why does data center need transformer?
Transformers ensure stable power, distribute it efficiently, and protect data center equipment from electrical issues.
From its latest quarterly result...
"In the transformer products, we are experiencing robust demand from data centres, industrial machinery and the medical industry. The recent need for efficient cloud storage management has further driven growth of transformer demand in the data centre industry."
https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3381717
4 days ago
@teknikal irrelevant info again =.=
@KingKKK thanks for the heads up, this is the kind of informations we needed in this discussion / consideration to buy the company's share
3 days ago
This is an indirect Johor play since most of the new data centre is setup / built in Johor.
3 days ago
Bullish view technically due to:
1. The stock ends at 6 months high today.
2. Both RSI and MACD are strengthening.
2 days ago
Indo Tech Transformers June 2023 Sales at Rs 93.22 crore, up 72% Y-o-Y, net profit jump 188% Y/Y
Reported Standalone quarterly numbers for Indo Tech Transformers are:
Net Sales at Rs 93.22 crore in June 2023 up 72.37% from Rs. 54.08 crore in June 2022.
Quarterly Net Profit at Rs. 3.54 crore in June 2023 up 187.8% from Rs. 1.23 crore in June 2022.
https://www.moneycontrol.com/news/business/earnings/indo-tech-trans-standalone-june-2023-net-sales-at-rs-93-22-crore-up-72-37-y-o-y-11179361.html
1 day ago
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